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Chicago Fed Letter, No. 233a, December 2006
2005 Conference on Price Stability: A Summary (Special Issue)
Six research papers were presented and discussed during the conference. In addition, two panels addressed key questions facing policymakers: “How low should inflation be?” and “Does fiscal policy threaten price stability?” In this Chicago Fed Letter, the author summarizes the proceedings of the conference. He begins with the sessions devoted to research papers and then discusses the policy panels.
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